4750 Eastern Vly Rd, Mc Calla, AL 35111-3406
- Grocery and convenience stores
- 46,007 SF
- 8.16 lot acres
Current Use by Public Records
- The Shoppes at Letson Farms / Business Service Center / Corporate Office
- Mills Pharmacy at McCalla / Pharmacy
- Western Union / Bank / Credit Union
- Piggly Wiggly McCalla / Grocery & Convenience Store / Food Market
- Sandy Chrissy Xavi Book Store / (Bike/Boat/Book/etc) Store
Property Details for 4750 Eastern Vly Rd
- Year built
- 2002
- Lot size
- 8.16 lot acres
- Zone code
- A1
- Property type
- Grocery and convenience stores
- APN
- 42-00-06-2-000-032.000
- APU
- 4200062000032000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 16, 2016 | $11,250,000 | Gb Letson Farms LLC | Shoppes At Letson Ll Cfbay | Warranty Deed | $8.9M · Starwood Mortgage Capital |
| Oct 27, 2015 | $6,800,000 | Cfbay Shoppes At Letson LLC | 172-62 Letson Farms Holdings L | Grant Deed | — |
| Mar 27, 2015 | $9,500,000 | 172-62 Letson Farms Holdings L | Auctioneer Of Jefferson County|letson Farms Associ | Trustees Deed · related | — |
| Mar 4, 2015 | $9,500,000 | 172-62 Letson Farms Holdings L | Auctioneer Of Jefferson County|letson Farms Associ | Trustees Deed · related | — |
| Jan 15, 2009 | — | Letson Farms Improvements LLC | Owner Name Unavailable | Grant Deed · related | — |
| Oct 19, 2004 | $100 | Letson Farms Associates LLC | Vws-mcadory Market LLC | Warranty Deed · related | — |
| — | — | Cfbay Shoppes At Letson LLC | — | Deed Of Trust · related | $5.6M · Usameribank |
Description
The Shoppes at Letson Farms, located at 4750 Eastern Valley Rd in McCalla, Alabama (zip code 35111), offers exceptional retail space for lease. This shopping center totals 95,092 square feet and features multiple tenancies. Currently, there are two available spaces, with a minimum divisible size of 1,400 square feet and a maximum contiguous space of 3,200 square feet. A total of 2,800 square feet is currently vacant and ready for immediate occupancy. The property is situated in Jefferson County, offering excellent visibility and accessibility for businesses seeking a strong presence in the McCalla market. This is an ideal opportunity for retailers looking to establish or expand their operations in a thriving community. The property's location provides convenient access for customers and employees alike. The available spaces are versatile and can be adapted to suit a variety of retail concepts. Interested parties are encouraged to inquire about lease terms and conditions. This prime retail location presents a unique opportunity to capitalize on a growing market. The property's size and layout offer flexibility for businesses of various scales. Don't miss this chance to secure your place in this successful shopping center.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,710,000
- 6.5%
- $9,885,000
- 7%
- $9,180,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,633,000
- AI Estimate
- $4,471,000
Market price range: $1.34M - $7.63MMarket price range: $751k - $4.47M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,415,000 Current use
- RESTAURANT
- $11,745,000 Change: +166% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $9,145,000 Change: +107% Conversion: Difficult
- MEDICAL BUILDING
- $7,320,000 Change: +66% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $6,510,000 Change: +47% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $6,490,000 Change: +47% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $5,340,000 Change: +21% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mc Calla
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.9985
- Latitude
- 33.3291
- CBSA code
- 13820
- CBSA name
- BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA
